Questions LLC
Login
or
Sign Up
Ask a New Question
Financial Mathematics
Page 4
Questions (2,312)
Lloyd borrowed $800 from a relative who will charge him %7 annual simple interest. If it takes Lloyd 3 years to pay the money
3 answers
asked by
Lila England
123 views
Dave had a balance of $236.17 on his department store charge account.
How much interest did he have to pay for the month if the
1 answer
asked by
t
90 views
Ted borrowed $2,000 for six months at 12.5%. How much did he have to
pay back under an add-on plan? a. $125 b. $250 c. $2,125 d.
1 answer
asked by
t
100 views
Pat bought a washer/dryer for $900 and made 24 payments of $46.23. How
much did she pay in interest? a. $1,109.52 b. $900 c.
1 answer
asked by
t
78 views
Pam bought a stereo for $700 and made 36 payments of $26.32. How much
did she pay in interest? a. $247.52 b. $947.52 c. $500 d.
1 answer
asked by
t
48 views
Megan bought a car for $12,500. She made a down payment of
$3,500 and financed the rest. If she made 48 payments of $240 each,
1 answer
asked by
t
87 views
Zack deposited $1,200 in a savings account that paid 7.75%
interest compounded yearly. What was the balance in his account at the
1 answer
asked by
t
83 views
Rhonda borrowed $700 at 9% interest for 12 months under a monthly
installment plan. She must pay $8.7453 per $100 each month for
3 answers
asked by
t
174 views
Tom had an outstanding balance on his credit card account of $861.05.
How much was the finance charge if it was 1.4% per month?
1 answer
asked by
t
106 views
Alvin financed $3,450 to buy a new car. If he made 36 payments of
$138.50 each, how much interest did he pay on the loan? a.
1 answer
asked by
t
67 views
Chris earns $298.65 each week. The federal government withholds 17% of
that for federal income tax. How much is withheld from her
1 answer
asked by
t
102 views
Jamal deposited $4,000 in a savings account at a rate of 6.75%
compounded quarterly. How much was in his account after six
1 answer
asked by
t
80 views
Jerre borrowed $1,750 for six months at 9.5% simple interest under an
add-on plan. What was his monthly payment? a. $166.25 b.
1 answer
asked by
t
73 views
Joan purchased some lawn furniture at a local store. The furniture
cost $489.99. She paid for it in eight equal installments of
1 answer
asked by
t
101 views
Sol deposited $3,200 in a savings account. How much would he earn
in two years if the bank paid 7.25% simple interest? a. $432 b.
1 answer
asked by
t
59 views
Norma borrowed $1,800 at 11% interest for 90 days. How much interest
did she pay on the loan? a. $49.50 b. $198 c. $2 d. $18.45
1 answer
asked by
t
91 views
Harry borrowed $1,800 for two years at 13% a year under an
add-on plan. He repaid the loan, including interest, in 24 equal
1 answer
asked by
t
94 views
Dan borrowed $3600 and pays a fortnightly interest of $27. Calculate the yearly interest rate?
7 answers
asked by
Paul
44 views
What is the effective rate of 15% if it is compounded monthly
4 answers
asked by
Mary
58 views
Find the balance in Meg's account after 1 year if her bank paid
6.5% simple interest on her deposit of $5,000.
1 answer
asked by
t
73 views
Find the balance in Myra's account after 1 year if her bank
paid 5.75% simple interest on her deposit of $6,000.
1 answer
asked by
t
65 views
Ryad borrowed $1,450 and made 18 payments of $95.25. How much did he
pay in interest?
1 answer
asked by
t
68 views
Dom borrowed $1,650 and made 18 payments of $103.87. How much did he
pay in interest?
1 answer
asked by
t
82 views
John’s new car costs $27,000. He has enough money to make a 15% down payment and his monthly payments will be $525 per month
7 answers
asked by
just living :>
86 views
Find the simple interest on this loan. Assume 365 days in a year.
$5367 at 5%; loan made on August 19th and due December
2 answers
asked by
bob
80 views
Fritz Benjamin buys a car costing $23900. He agrees to make payments at the end of each monthly period for 6 years. He pays
1 answer
asked by
bob
110 views
8. Helen has an annual salary of $45,000. She
works 40 hours a week, 50 weeks a year. How much does Helen earn per hour? A $12 C
1 answer
asked by
tcah student
131 views
I=$1,500 P=$45,000 T=3.5 years Find R
1 answer
asked by
yessica sanchez
72 views
I=$452 R=3.1% T=2 years Find p
1 answer
asked by
yessica sanchez
48 views
you deposit 572.34 in an acount that pays 4.5% interest.how much interest do you earn after 6 years
1 answer
asked by
yessica sanchez
62 views
Deon deposits $700 into an account that pays simple interest at a rate of 3% per year. How much interest will he be paid in the
1 answer
asked by
Desperate
85 views
Find the rate if the simple interest on 145,000.00 for 4 years is $4500.00
2 answers
asked by
MICHKENNY
89 views
A manufacturer plans to introduce a new type of shirt based on the following information. The selling price is $57.00; variable
1 answer
asked by
ditchemsd
102 views
A sum of money would double itself in 10 years. The number of years it would be four times is (assume compound interest):
4 answers
asked by
Sarah
57 views
Sally takes a loan of $2,500 at a 6% simple rate for 5 years. How much interest will be paid for 3 years?
(Simple Interest
1 answer
asked by
jiuhgff
97 views
What is the future value of the 10% savings from earnings of $1,470 if it earns 3.5% annual interest,
compounded monthly for 25
1 answer
asked by
boopboooooop
109 views
Margaret Hillman invested $3,000 at 1%
compounded quarterly for one year. Find the future value and the interest earned for
4 answers
asked by
samanthia
1,200 views
Find the amount of interest due on the following simple interest loans. SHOW WORK!.
1. $4,200 at 12% for 2 yr. 2. $850 at 9% for
1 answer
asked by
MannyThomas
79 views
A 7%, 60-day note was discounted 15 days before the maturity date. If the discount rate was 5.5% and the proceeds received were
1 answer
asked by
Kasih
115 views
Find the markup rate for the following store items.
Cost $50 ;markup $12.50
4 answers
asked by
MannyThomas
133 views
What are the compound amount and interest at the end of three years if bire 10,000 borrowed at annually interest rate of 8% A
1 answer
asked by
Emebet
156 views
If $10,000 is locked in a savings account offering 6.5% per annum, compounded monthly. How fast is the balance growing three
3 answers
asked by
jennie
100 views
Jayden opens a savings account with $100.00. His account earns 4% simple interest annually. How much money will be in his
1 answer
asked by
goodog
134 views
Megan bought a car for $12,500. She made a down payment of
$3,500 and financed the rest. If she made 48 payments of $240 each,
3 answers
asked by
puppy01
612 views
He took out a $100.00 loan payable in two weeks at $105.50. What is the percent of interest paid on this loan?
3 answers
asked by
Tonya
1,273 views
How much must be deposited into an account to generate a $2,400 payment every three months for the next four years if the
2 answers
asked by
dawn
763 views
If Naomi decides that she will invest $3,000 per year in a 6% annuity for the first ten years, $6,000 for the next ten years,
4 answers
asked by
Heather
1,018 views
A company borrows $170000, which will be paid back to the lender in one payment at the end of 5 years. The company agrees to pay
5 answers
asked by
Anonymous
1,209 views
review my answers and please tell me if i got them right or wrong and if I get any wrong please explain the answer to me
Donna
7 answers
asked by
addisonn
1,787 views
HI, could anyone help with this please. :)
2. Find the following values: a) An intial $500 compounded for 10 years at 6 percent
2 answers
asked by
perry
777 views
Pages
1
2
3
4
5
6
7
8
9
10
Parent Categories (8)
Algebra
Applied Mathematics
Data Analysis
Math
Mathematics
Mathematics and Statistics
Problem Solving
Word Problems